March 25, 2011

BANK NIFTY Analysis

  • Bank nifty has given a break above the trend line in daily chart.
  • But may face resistance from its 200 DMA. 
  • On closing basis 11150 level too seems to be a strong resistance to break.
  • Break and close above 11150 will keep the bullishness intact.
  • S&P 500 CLOSES ABOVE 50 DMA

No comments:

Post a Comment